Investors are continuously seeking profitable investment opportunities in startups and, hence, for effective decision-making, need to predict a startup's probability of success. Nowadays, investors can use not only various fundamental information about a startup (e.g., the age of the startup, the number of founders, and the business sector) but also textual description of a startup's innovation and business model, which is widely available through online venture capital (VC) platforms such as Crunchbase. To support the decision-making of investors, we develop a machine learning approach with the aim of locating successful startups on VC platforms. Specifically, we develop, train, and evaluate a tailored, fused large language model to predict startup success. Thereby, we assess to what extent self-descriptions on VC platforms are predictive of startup success. Using 20,172 online profiles from Crunchbase, we find that our fused large language model can predict startup success, with textual self-descriptions being responsible for a significant part of the predictive power. Our work provides a decision support tool for investors to find profitable investment opportunities.

The significant advancements of Large Language Models (LLMs) in generative tasks have led to a growing body of work exploring LLM-based embedding models. While these models, employing different pooling and attention strategies, have achieved state-of-the-art performance on public embedding benchmarks, questions still arise about what constitutes an effective design for LLM-based embedding models. However, these models are often trained on different datasets, using different LLM base models or training settings. Moreover, evaluations on public embedding benchmarks often fail to report statistical significance, making it difficult to determine which designs truly contribute to final performance. This complicates the process for practitioners seeking optimal training recipes for LLM-based embedding models. In this study, we conduct a large-scale experiment by training a series of LLM-based embedding models using the same training data and base model but differing in their pooling and attention strategies. The results show that there is no one-size-fits-all solution: while bidirectional attention and an additional trainable pooling layer outperform in text similarity and information retrieval tasks, they do not significantly surpass simpler designs like EOS-last token pooling and default causal attention in clustering and classification tasks. Furthermore, we propose a new pooling strategy, Multi-Layers Trainable Pooling, which transforms the outputs of all hidden layers, rather than just the last layer, using a cross-attention network. This method proves to be statistically superior in text similarity and retrieval tasks compared to existing pooling methods. Overall, this paper sheds light on effective training strategies for LLM-based embedding models.

In decoder-based LLMs, the representation of a given layer serves two purposes: as input to the next layer during the computation of the current token; and as input to the attention mechanism of future tokens. In this work, we show that the importance of the latter role might be overestimated. To show that, we start by manipulating the representations of previous tokens; e.g. by replacing the hidden states at some layer k with random vectors. Our experimenting with four LLMs and four tasks show that this operation often leads to small to negligible drop in performance. Importantly, this happens if the manipulation occurs in the top part of the model-k is in the final 30-50% of the layers. In contrast, doing the same manipulation in earlier layers might lead to chance level performance. We continue by switching the hidden state of certain tokens with hidden states of other tokens from another prompt; e.g., replacing the word "Italy" with "France" in "What is the capital of Italy?". We find that when applying this switch in the top 1/3 of the model, the model ignores it (answering "Rome"). However if we apply it before, the model conforms to the switch ("Paris"). Our results hint at a two stage process in transformer-based LLMs: the first part gathers input from previous tokens, while the second mainly processes that information internally.

Large Language Models (LLMs) have emerged as powerful tools for natural language processing tasks, revolutionizing the field with their ability to understand and generate human-like text. In this paper, we present a comprehensive survey of the several research efforts that have been presented for the acceleration of transformer networks for Large Language Models using hardware accelerators. The survey presents the frameworks that have been proposed and then performs a qualitative and quantitative comparison regarding the technology, the processing platform (FPGA, ASIC, In-Memory, GPU), the speedup, the energy efficiency, the performance (GOPs), and the energy efficiency (GOPs/W) of each framework. The main challenge in comparison is that every proposed scheme is implemented on a different process technology making hard a fair comparison. The main contribution of this paper is that we extrapolate the results of the performance and the energy efficiency on the same technology to make a fair comparison; one theoretical and one more practical. We implement part of the LLMs on several FPGA chips to extrapolate the results to the same process technology and then we make a fair comparison of the performance.

Since the advent of ChatGPT, Large Language Models (LLMs) have excelled in various tasks but remain largely as black-box systems. Consequently, their development relies heavily on data-driven approaches, limiting performance enhancement through changes in internal architecture and reasoning pathways. As a result, many researchers have begun exploring the potential internal mechanisms of LLMs, aiming to identify the essence of their reasoning bottlenecks, with most studies focusing on attention heads. Our survey aims to shed light on the internal reasoning processes of LLMs by concentrating on the interpretability and underlying mechanisms of attention heads. We first distill the human thought process into a four-stage framework: Knowledge Recalling, In-Context Identification, Latent Reasoning, and Expression Preparation. Using this framework, we systematically review existing research to identify and categorize the functions of specific attention heads. Furthermore, we summarize the experimental methodologies used to discover these special heads, dividing them into two categories: Modeling-Free methods and Modeling-Required methods. Also, we outline relevant evaluation methods and benchmarks. Finally, we discuss the limitations of current research and propose several potential future directions. Our reference list is open-sourced at \url{https://github.com/IAAR-Shanghai/Awesome-Attention-Heads}.

Understanding and predicting Origin-Destination (OD) flows is crucial for urban planning and transportation management. Traditional OD prediction models, while effective within single cities, often face limitations when applied across different cities due to varied traffic conditions, urban layouts, and socio-economic factors. In this paper, by employing Large Language Models (LLMs), we introduce a new method for cross-city OD flow prediction. Our approach leverages the advanced semantic understanding and contextual learning capabilities of LLMs to bridge the gap between cities with different characteristics, providing a robust and adaptable solution for accurate OD flow prediction that can be transferred from one city to another. Our novel framework involves four major components: collecting OD training datasets from a source city, instruction-tuning the LLMs, predicting destination POIs in a target city, and identifying the locations that best match the predicted destination POIs. We introduce a new loss function that integrates POI semantics and trip distance during training. By extracting high-quality semantic features from human mobility and POI data, the model understands spatial and functional relationships within urban spaces and captures interactions between individuals and various POIs. Extensive experimental results demonstrate the superiority of our approach over the state-of-the-art learning-based methods in cross-city OD flow prediction.

Large Language Models (LLMs) have demonstrated notable capabilities across various tasks, showcasing complex problem-solving abilities. Understanding and executing complex rules, along with multi-step planning, are fundamental to logical reasoning and critical for practical LLM agents and decision-making systems. However, evaluating LLMs as effective rule-based executors and planners remains underexplored. In this paper, we introduce LogicGame, a novel benchmark designed to evaluate the comprehensive rule understanding, execution, and planning capabilities of LLMs. Unlike traditional benchmarks, LogicGame provides diverse games that contain a series of rules with an initial state, requiring models to comprehend and apply predefined regulations to solve problems. We create simulated scenarios in which models execute or plan operations to achieve specific outcomes. These game scenarios are specifically designed to distinguish logical reasoning from mere knowledge by relying exclusively on predefined rules. This separation allows for a pure assessment of rule-based reasoning capabilities. The evaluation considers not only final outcomes but also intermediate steps, providing a comprehensive assessment of model performance. Moreover, these intermediate steps are deterministic and can be automatically verified. LogicGame defines game scenarios with varying difficulty levels, from simple rule applications to complex reasoning chains, in order to offer a precise evaluation of model performance on rule understanding and multi-step execution. Utilizing LogicGame, we test various LLMs and identify notable shortcomings in their rule-based logical reasoning abilities.

This paper considers a scenario in city navigation: an AI agent is provided with language descriptions of the goal location with respect to some well-known landmarks; By only observing the scene around, including recognizing landmarks and road network connections, the agent has to make decisions to navigate to the goal location without instructions. This problem is very challenging, because it requires agent to establish self-position and acquire spatial representation of complex urban environment, where landmarks are often invisible. In the absence of navigation instructions, such abilities are vital for the agent to make high-quality decisions in long-range city navigation. With the emergent reasoning ability of large language models (LLMs), a tempting baseline is to prompt LLMs to "react" on each observation and make decisions accordingly. However, this baseline has very poor performance that the agent often repeatedly visits same locations and make short-sighted, inconsistent decisions. To address these issues, this paper introduces a novel agentic workflow featured by its abilities to perceive, reflect and plan. Specifically, we find LLaVA-7B can be fine-tuned to perceive the direction and distance of landmarks with sufficient accuracy for city navigation. Moreover, reflection is achieved through a memory mechanism, where past experiences are stored and can be retrieved with current perception for effective decision argumentation. Planning uses reflection results to produce long-term plans, which can avoid short-sighted decisions in long-range navigation. We show the designed workflow significantly improves navigation ability of the LLM agent compared with the state-of-the-art baselines.

Current robot autonomy struggles to operate beyond the assumed Operational Design Domain (ODD), the specific set of conditions and environments in which the system is designed to function, while the real-world is rife with uncertainties that may lead to failures. Automating recovery remains a significant challenge. Traditional methods often rely on human intervention to manually address failures or require exhaustive enumeration of failure cases and the design of specific recovery policies for each scenario, both of which are labor-intensive. Foundational Vision-Language Models (VLMs), which demonstrate remarkable common-sense generalization and reasoning capabilities, have broader, potentially unbounded ODDs. However, limitations in spatial reasoning continue to be a common challenge for many VLMs when applied to robot control and motion-level error recovery. In this paper, we investigate how optimizing visual and text prompts can enhance the spatial reasoning of VLMs, enabling them to function effectively as black-box controllers for both motion-level position correction and task-level recovery from unknown failures. Specifically, the optimizations include identifying key visual elements in visual prompts, highlighting these elements in text prompts for querying, and decomposing the reasoning process for failure detection and control generation. In experiments, prompt optimizations significantly outperform pre-trained Vision-Language-Action Models in correcting motion-level position errors and improve accuracy by 65.78% compared to VLMs with unoptimized prompts. Additionally, for task-level failures, optimized prompts enhanced the success rate by 5.8%, 5.8%, and 7.5% in VLMs' abilities to detect failures, analyze issues, and generate recovery plans, respectively, across a wide range of unknown errors in Lego assembly.

Large Language Models (LLMs) are revolutionizing the AI industry with their superior capabilities. Training these models requires large-scale GPU clusters and significant computing time, leading to frequent failures that significantly increase training costs. Despite its significance, this field lacks a metric for evaluating reliability. In this work, we introduce a novel reliability metric called \emph{Training Overhead Ratio} (TOR) to evaluate the reliability of fault-tolerant LLM training systems. TOR is defined as the ratio of optimal training time to the observed training time of a system, serving as a practical tool for users to estimate the actual time required to train an LLM on a given system. Furthermore, our investigation identifies the key factor for enhancing reliability and present TOR equations for various types of failures encountered in practice.